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. >> the obama administration is conceding that some people will have to pay more double-digit increases. john: this halloween politicians give us something we should be scared of, obamacare. >> that product is working. it is really good. john: that is our show tonight. ♪ >> and now john stossel. ♪ john: happy halloween. what scares you? that thing scares me as much as big government and central planning. this is obamacare. this kind of micromanagement takes our money and limits our freedom. government cannot even count votes accurately. now they're going to manage our health care? of few weeks ago the presint address the failure of this website and made one point that is absolutely true. >> the affordable care act is not just a website. it is much more. john: right. this is so much more. the failure of the on-line exchanges, just a symptom of this disease. government micromanagement. they cannot make a website work, and yet for years the private company offer something called e-health. millions of people go there and comparison shop. many buy insurance. the website lists different compani
these kind of time bombs that would blow up as the law started to be implemented. this obama fix is not even a fix -- melissa: makes it worse. >> throws off the whole risk pool. in terms, wait a minute with only people going through a broken website, that exacerbates it more, we'll drive up premiums. melissa: steve, explain to people really clearly what we're talking about here. people in the larger pool, who have piled in. >> right. melissa: those are now folks who are, you know, use a lot of health care. they're geting a cheap plan but actually consuming a ton of it. in order to offset those people, they couldn't get insurance before because they had preexisting conditions. just to set off those premiums and those costs we were putting all the other people in who were healthy and buying somewhat expensive policies though they weren't using anything. those people don't have to go in. health care companies geing paid very little to then cover these very expense seven people. that's a very high cost. they are going to say, 8% above what we thought, a heck of a lot more than 8%, right? >> exac
be, paying ourselves to do what we love? ♪ >> this first example is a tweet from president obama. he responded to@lou. my pet dog bo, not really sure what he is talking about here. let's see what he was asked? who designed the obamacare website. melissa: oh, boy. here is something you can add to our list of health care hazards, hackers. we knew the obamacare website was expensive and ineffective. a hearing said it's a prime target for hackers. initial reports claims the website is hit 16 times by sigher attacks. experts say it is way more than that. >> the talk of this attack only happened 16 times, that the website is only attacked 16 times is not possible. the attacks that happen are so frequently used and so frequently done that means there is not much detection capabilities on melissa: congressman bill johnson participated in those hearings. he is here with former white house chief information officer teresa peyton. thanks to both of you. congressman, let me start with you. what stuck out today about the hearing? >> what stuck out to me is that mr. chao admitted i
. >> hmmm. so, if you like your plan you can keep your plan, at least for another year. president obama announcing the big health care fix that will let insurance companies continue canceled plans through 2014. it is going to cost more money somewhere. could be coming from you. i bet it is coming from you. here to crunch numbers, former cbo director doug holtz-eakin. everyone will argue about the politics of this. this show is called "money." i want to drill down on numbers, what this really means, what it is going to cost. the first question i had after i heard the statement, you can keep your plan at the same cost? >> we don't know. that is the very first question you should ask, and, if people who would have normally would be not okay insurance policies, if they have them keep them for the year most likely will be folks who want a cheap plan, who are young invincible, young and healthy and if they stay on these plans, well they're not going to show up in exchanges. that mains the exchange policies will be much more expensive in the future. so there is no clear winner here. there is n
incompetent or were they just lying to the american people? >> i can like. >> obama is pushing it and selling it telling america you can keep your point of cement nobody is losing your rights and americans are saying keep your plans. >> some people like to drink out of the red this solo cups. >> day you agree with this advertising? rebecca college student. >> dorothy at some point in the movie turns to her little dog toto we are not in kansas anymore. >> you are not in kansas anymore. people went to see the wizard. >> that is when you're using to defend your program? >> it is a charlotte who never gave anybody they never had. >> thousands of websites carry far more traffic that is a lame excuse. >> can you give me a ballpark of what you expect on the web site that does not work? >> we have spent about $180 million. >> you will need a bigger boat. >> i am as frustrated and angry as anyone. >> the system is improving daily for day. >> i take full responsibility to make sure it is fixed. >> you have to laugh the drama seems laughable but when it hits where it hurts it is not funny that is when y
president obama can't get out from that infamous comment? why not two to hollywood. it could bring obamacare plot lines to your favorite shows. well-tell you how. even when they say it is not it is always about money. >> world of d.c. lid yaw cole cuts through the bs. >> are you my contact? >> we have a bit of a scandal. takes seemingly impossible scandals and makes them go poo. >> this is my son out of college. he doesn't have think health insurance. >> i thought you said this was a scandal. under affordability care act you stay under your parents plan until 26. >> thanks, fixer. melissa: lights, camera, obamacare. health care law might be the next breakout star on prime tim tv. because the california endowment is giveing a half million dollar grant to make sure that tv writers and producer have all the details about the affordable care act. then they can use that knowledge to write obamacare storylines into all the shows you watch. joining me the reporter who broke the story. dominic patton from deadline hollywood. we have clinical psychologist, elizabeth lombardo. dominic, start with you.
and voted for barack obama in november. makes no sense politically. certain swing voters do that. >> what do you make of that? what do you make of those swing voters? what is the message in there and what is the takeaway for other candidates? >> takeaway is not to run in the middle like some people in washington claimed after last year but rather to lead. many of voters in times of crisis in particular, economic or fiscal we see of late, what they want more than anything is not just republican or democrat leadership, they want leadership. we had aggressive leadership. now the president i don't think provided right leadership. but in a vacuum where unfortunately the romney campaign didn't give a compelling message at least in my state as what he would do and how people make my state's lives better, they tell there was vacuum. they voted for me because they thought i was providing leadership. they voted for president because under false pretense because they thought he provided leadership and there was a void. i talk about lessons learned from which is not own applies to last year's presidenti
exposure. [laughter] >> michelle bauman and barack obama note mets in the losses there is to act more of a of office romance and love but people get caught up with stuff lust. i ended december out. >> i was kidding end now he is blushing. [laughter] >> i'm good. [laughter] >> if you are in a high-pressure career as an actor or a heart surgeon getting calls in the middle of the night he wants someone who understood and your business he will be away three months or get a call at 2:00 in the morning sun makes sense. >> forget it. it is a terrible idea and not just from the investment standpoint if you get married both of you are in comes are tied to the one company. melissa: that is a great point. that is true. >> one couple both worked at lehman brothers they both lost life-saving as. melissa: very practical this you have these ugly breakup you are forced to see the person every single day that reason alone it would now work out. >> itetracts from productivity if you can get away from the focus of your job and people that they interviewed in the survey said of what can be distracted. as
a demonstration project of how democrats and conservatives can screw things up and now we have the obama version and liberal democrat version of screwing everything up. so people understand that they are trying to control more and more parts of peoples lives and it doesn't work and are looking for an alternative and that is what libertarianism offers is the idea of free minds and free markets that you can control more parts of your life is the one i want to believe you, but i don't see many people getting into that. >> a shorthand for this can be fiscally conservative and socially tolerant. it will show you that americans are much more physically conservative than their elected representatives and a majority of americans think that we should balance the budget. they think that we should legalize marijuana, no one wants to talk about that,. >> but more are coming around? >> yes, they will come around last. and so when you have this, there's much more libertarianism and the government and you'll begin to see some of these expressions in the political marketplace as well. john: all kinds of skeptic
and they voted for obama enthusiastically. getting somebody to vote for something and get them to sign up and pay money are two different things, they're saying why should i pay more for the health iurance. count me out until somebody makes me pay or pay the fine. exactly what people have been saying for last two years in critique of the bill. you will supreme premiums skyrocket especially for young people. melissa: numbers out from "the wall street journal" preliminarily. 40% of the people signed up over 50 a 5. they said 24% were under 34. i'm surprised the number is even that large. of the catherine, have you shopped online for insurance. have you bought any? >> no, i have not. working at leadership institute campus reform, talking to a lot of young people they're not signing up either. a lotre angry whe the president switched from saying if you like your plan to can keep it, just kiding no you can't, a lot of plans were outlawed are the cheap bear bones plans that make the most sense for young people like me. for example, community cleges in new jersey used to offer plans to students. now the
that has tank. real charity. that people know what you think. coming up, president obama's says the way to help poor people is to give them a free cell phone. ♪ you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪ ♪ >> the government will pay for you to have a free cell phone with monthly minutes, no credit check and no deposit required. john: of free cell phone. 253 minutes. what the deal. this is to help poor people in need a lifeline. that is reasonable. this is a government program that began with ronald reagan. president obama expanded it, of course. and in just four years the costs tripd and will continue rice can. >> a minority. you know. he gave up. , no income, disability. john: the more free stuff you get the more you're eligible to get. but eligible is. what did
't you feel like this is what we're getting too with obama care? everyone and their mother thinks they have the answer. give three 20 somethings, three days and amissing what they can do. everyone is talking about the guys you're about to meet. they went off built their own version of the health care website, in their spare time by the way, for fun. the kicker? it works. here in a fox business exclusive are the three men. thanks for joining us. let me start with you. why did you guys decide to do this? where did you get the idea? >> sure. we were trying to buy a health plan for ourselves. we have our own companies and looking to see if we can save money for our plans. when we went to the health exchange website, took us 45 minutes to see prices. we figured most people would lose their patience at that point. there has to be a better way to show the choices and options out there. melissa: george, is this a stunt? do you guys have, is there a political message behind this? are you trying to get people to sign up for your own business? there has to be, the show is called money. there
in freedom of assets is a low ball number coming from the obama administration. mark two bullets of the foundation for defense democracy estimates that this -- the amount of free up money, billions, as much as $20 billion in will go directly into the coffer of ron which is the state-sponsored terror off. the freedom of money can be used to cover early advance the program and sponsor terrorism in syria or elsewhere. this is a problematic concession teeseven what do you think? that is compared to the concessions they use a we were getting, whether it is the iranian in richmond levels of 20%, halting the advancement of the centrifuges, is that something that can be done in the interim in north korea? >> partly agree, partly disagree. i would agree that this gets close to $20 billion in unfrozen assets, i began to wonder if it's worth the price tag we're paying. but let's also be clear and be careful in our language. there is no weakening of long-term sanctions. now, if you want to use the word sanctions to mean any kind of economic effect whatsoever,ou can use it in that sense. meli
, we see that expanding as well, that is something clearly that the obama administratio is focused on how to get regulator sense message to lenders they want them to make lones to qualified americans to buy houses. melissa: how do they do that? attacking j.p. morgan, and levering huge nds on them? you feel like that will help you down the road? >> n that is not the right approach, also we have to have regulatory vote environment that enforces the rule. we should be spending energy on letting the rent lenders know they can make judgment calls when it comes to who would qualify, if we see that you will see those permit numbers increase, when it comes to single family homes, it is the average consumer, middle income american that will buy in that market sector. melissa: consumer confidence, hitting a 7 month low today does that make you nervous? >> a little bit, it does, you know, what slapping circumstance american -- what is happening, americans are frustrated with what is going to in the government, the last shut down. unemployment still is significant, and job growth is stagnant.
with the obama administration, we have noticed that they're going after the big pharmas as far as medical devices and some of those drugs. those costs will pile up. melissa: so what does that mean? what's your implication there? >> what it means the costs will continue to skyrocket, and you've got baby boomers retiring at 10,000 a day. melissa: the cost and revenues to the company. lee, it bothers me that the "boston globe" that half the 15 people on the panel have decided, have financial tieses to statin companies, two drug companies. they had a dog in this fight as they were saying, more people should take these drugs. that bothers me. >> well, first of all the issue, it is not going to be such a windfall for big pharma because a majority of these statins, like lipitor, they're off patent. melissa: hang on. crestor is not. it was the most prescribed drug in the past year. >> right. melissa: 23.7 million pills sold. $5.3 billion for this company. it's very popular. it is on patent until 2016. >> but nobody is saying you have to take a particular drug. they're saying a statin. there are a lot of
before a presidential election. republicans every day we were pounding on the fact that obama doesn't work. that unemployment rate couldn't get below 8%. suddenly 30 days best election it did. that begs the question did that really happen? >> yesterday house oversight committee chairman sent a letter to the census bureau demanding all documents including emails related to the population survey. in particular emails to or from buckman. bureau release ad statement saying it quote, takes allegations of fraud by its employees very seriously. it says we carefully cross-check and verify the work of our staff to insure the data's validity. commerce department inspector general who oversees the census bureau told fox news and i'm quoting. we are aware of media reports and our office is evaluating what action might be warranted. important to note that julius buckman retired from the census bureau in 2011 but the post piece alleges fabrications escalated after his departure. melissa? melissa: doug mckelway, thank you very much. >> you bet. melissa: this is not the first time that the jobs num
, private insurance would pay $60. if you'rehe obama exchange, those doctors could get 40. what is the impact of that? >> i don't know what the prices to be charged for any of these services and neither does anyone else but you'veeard about rate ock. this is where everyone sees, well, a lot of people see their premiums going up und obamacare. there will be this wave of trage over quality shocks. one of those is doc shock. the way they're trying to keep premiums from even higher is by squeezing payments to doctors and other providers, in these health plans, which is fine. i want health care prices to fall. that should be, as a result of consumers putting downward pressure on prices and, freedom to pay higher prices, since that is what they need to do to get the care they want. what obamacare is going to do, give us basically medicaid for all where they try to keep prices down, where they push prices down through government price controls and other sorts of government tools. that is going to, restrict choice for a lot of patients. they are not going to get to keep their doctors as
Search Results 0 to 28 of about 29 (some duplicates have been removed)